Member News & Events



Dorset Business Angels Investor Conference is described as inspirational and recognises the need to attract more female investors in to the market!

Dorset Business Angels (DBA) hosted its 3rd Angel Investor conference in Bournemouth which inspired, challenged and stimulated lots of lively debate.  The event included a packed programme of inspirational speakers, from eminent, experienced global investors to leaders of industry.

DBA Chairman, Don McQueen opened the biennial event and welcomed the audience who were immediately captivated by the first speaker as Jenny Tooth OBE, CEO of UK Business Angels Association (UKBAA) took to the floor. Jenny explained how UKBAA is a trade body for Angel investment, working with 68 groups such as DBA and works alongside other investor partners. These include private equity funds, corporate investors and crowd funding platforms.  She also stressed the vital role that EIS and SEIS played as a tax incentive to investors.

Creating an effective environment for Angel investment

Jenny advised, “UKBAA build and connect the Angel community.  We represent the views of Angels to Government.  We’re very keen to respond to Government consultation and build an effective environment for Angel investment going forward.  We are a resource and source of new market intelligence. We’re keen to help Angels find good deal flow. There’s a lot of noise out there and finding the rights entrepreneurs to invest in is important.

“We’ve also built an investors’ deal share platform where Angels can share deals that they are starting to build around local entrepreneurs and share around the country and other parts of the investment community.

The investment triangle

“65% of Angel investment happens in the London, Oxford, Cambridge triangle. In many parts of the country there is currently a real desert of Angel investment and we need to build more capacity.”

Jenny gave an overview of the market and shared some of the latest trends and developments. “The average amount for an individual Angel Investment is between 10 – 50k.  75 % of deals made in the UK are done in syndicates.” Jenny acknowledged, “It’s a really tough world out there doing it by yourself and syndicates are a brilliant way to share due diligence, share risks and increase capability of follow-on funding. One of the challenging things in the investor world is the really long journey to exit nowadays – the average time is 8 – 10 years.”

Seeking more female investors

Sharing recent UKBAA research Jenny advised, “There are not enough women in the Angel market, this is a completely untapped pool of fantastic people who should be out there investing.  Our research shows that only 14 % of  Angel investors are women. UKBAA spoke to 200 women (110 investors and 90 non- investors) to understand the drivers for women to invest and the barriers that they are feeling for investment.  It was interesting to find that women are not being advised to invest by financial advisors – they’re being given easy stuff to do, with limited risk. They’re being advised to invest in property and stocks and shares as these are regarded as less risky.

“Women we spoke to said that they are not being told about tax breaks and the opportunities for backing great businesses. Women would love to put something back in to the economy, are fascinated by small businesses but don’t know how to do it.  UKBAA has recently set up a campaign to help more women invest.”

Recognising that there is still a long way to go, Jenny advised that she wants to move the percentage of Angel female investors from 14% to 30% and pledged UKBAA’s support. She concluded, “Having more women in the market investing will in turn help more female entrepreneurs to come forward to seek investment.”

Peter Cowley – ‘Best Angel Investor in the World 2017’

Peter Cowley, Chair of Cambridge Angels, former UK Angel of the Year and recently acknowledged as ‘Best Angel Investor in the World 2017’ grabbed the attention of the audience with his talk entitled, ‘What I wished I’d known a decade ago!’

Peter is a man who has fully embraced Angel Investment with 60 personal investments to date.  He talked about his core investment criteria which has been built up over his 8 – 10 years of investor experience. He advised how he never invests in companies more than an hour’s public transport journey from home.  Best team size to invest in? “3 is great, 2 is good, 1 is no good but 4 is too many. Any more than that and there’s a much bigger pie that the entrepreneurs want money out of.

“Entrepreneurs must listen – listen to their staff, listen to the market, to their suppliers and customers and listen to their Angel investors.  They must also not lie – the truth between entrepreneurs and investors builds trust and creates a better journey for all parties.

“Make sure that you do due diligence on both sides.  Entrepreneurs must also do it on the investors too, this is hugely important.

“Unfortunately only 7 % of my investments are in women. This is mainly because I invest in STEM. Hopefully this will change though. I don’t mind entrepreneurs who have previously made mistakes, in fact I like those who have made mistakes and learnt from them and moved on.

“Back a team. Remember the old adage that a poor idea and a good team is a better bet than a bad team and good idea.

“Have some chemistry with your team, like them and you’ll get a lot more out of them and achieve more. Don’t back founders in personal relationships – if they ever disagree with each other this could cause a huge problem for the business and the investors.”

#Mindfulinvestment

Seasoned investor Justin Levine talked about his decades of experience of buying and selling companies. He reflected on the lessons learnt along the way and how to avoid getting it wrong and how to minimize the downside.

“Be a part of the organisation that you invest in and sit on the Board – understand the difference between economics and control. As minority stake holders you can chose to have veto or voting rights over key important things that happen in that business. Having a level of control in the business is quite important sometimes.

“EIS and SEIS – occasionally it’s good to put in convertible debt and to understand what that means, which is loaning the company money and turning it in to shares downstream.  It avoids unrealistic valuations.

“Liquidation preferences – there are ways to structure investment to ensure that you can get your money out before a liquidation event, there are mechanisms that you can put in place.”

From the founders’ perspective

Kurt Lyall, CEO & Co Founder of Rocket Route gave an insightful presentation about ‘Exit lessons for Investors’ from the founders’ perspective. He uncovered lessons throughout the investor journey; from seed investment – Bridging – Series A investment – Series B investment.

“Investors, always be as positive as you can be in any situation, stay involved and be informed. Be aware that building for an exit can also be a distraction.”

Advising entrepreneurs, he commented, “If your business is approached, take pride. It is a validation of your business and your achievements.  Organise yourselves ASAP. Be responsive and get a strategy together. Try and bring everyone with you but also work up a plan B.”

Think big

Angharad Holloway, Head of Talbot Heath School in Bournemouth was invited to take the floor to talk about the School’s ambitious THINK BIG vision and how they are blazing a trail on a local, national and global platform. She advised that the school is preparing young people for the jobs that they will do in the future and not regressing back to the education model of the 50s.  She talked of her personal mission to look ahead to the 2050s and teach all pupils creativity, design thinking, material science, digital proficiency and problem-solving.

Angharad enthused, “The future will be powered by STEAM – not just science and technology but also crucially arts.  We need to retain our innovation, creativity and thinking.  We are looking forward to pioneering an educational model that will inspire a generation to ‘think big’ and take on the challenges of the future.”  Several of the audience expressed interest in speaking to Angharad further about her vision.

Inward investment in Bournemouth

Bill Cotton, Executive Director, Environment and Economy at Bournemouth Council talked about how Dorset is alive with opportunities, the multiple inward investments into Bournemouth and key developments in the town. It was acknowledged that this is making Bournemouth a great place for businesses to relocate to and invest in.

Q & A

The conference culminated in a lively Q & A session on stage with the guest speakers.  They were also joined by Nick Fernyhough of Saffery Champness and Scott Jones of Investec Wealth, both event sponsors.  A diverse mix of questions came forward from the audience.

·       What comes first – the quality of a team or the quality of a plan?

·       What makes a good place to set up a business?

·       What do you consider to be the wow factor when individuals are pitching?

·       Is it a concern that exits periods have gone from 3 -5 years to 8 – 10 years?

DBA Chair Don McQueen closed the event and said, “What a brilliant afternoon it’s been. The audience has been hugely engaged and we’ve enjoyed welcoming approximately 100 people to our event. It has been a great learning experience for all, even the speakers!”

Jenny Tooth confirmed, “At a time when it is so important to back small businesses in this economy, it’s been great to see such a good gathering of investors.  Dorset Business Angels is going from strength to strength!”

www.dorsetbusinessangels.co.uk

« Back to My BCTC

Dorset Business Angels Investing Conference 2017 – In Partnership With Bournemouth Council

A conference on Angel Investing following the two highly successful conferences at the same location.
Supported and sponsored by UKBAA, Bournemouth Council, Investec, Saffery Champness and Bright Blue Day.

Each year private investors account for around £1 billion of early stage investment in the UK – the single largest source of early stage capital in this country.

Entry is £10 – places limited so book now! Students FOC. 

A conference on angel investment from people who have done it, do it and experts in the field.

Speakers and agenda include…

  • Coffee and networking
  • Don McQueen – Chair of Dorset Business Angels, welcome
  • Opening – Our Local MP Conor Burns
  • Jenny Tooth – UKBAA UK and Global scene
  • Don McQueen – DBA investors’ experience
  • Peter Cowley – Peter Cowley UKBAA Angel Investor of the Year 2014/15
  • Investing company story
  • The investor’s story 2
  • Bill Cotton – Bournemouth Council Exec Director for Environment and Economy
  • Panel discussion with all the speakers plus Investec and Saffery Champness our partner sponsors

Any questions contact Peter Eales on 01202 706 975 or email peter.eales@dorsetbusinessangels.co.uk

Book HERE

« Back to My BCTC

​Dorset Business Angels supporting businesses to grow and flourish

Dorset Business Angels (DBA) meet several times a year and invite businesses to pitch for investment in a Dragons’ Den style scenario. In the run up to their biennial DBA Investors’ Conference in Bournemouth on 27th October the Angels are reflecting on the diverse mix of recent investments made.

Wizzle

Examples of businesses invested in and supported include Boscombe based AUTOi, a digital car appraisal company which launched a new trading platform called Wizzle, which brings dealers and consumers together in a bid to disrupt the cash-for-car market. Wizzle is a web service and smartphone application enabling consumers to easily create accurate and transparent vehicle appraisals with a view to selling their cars direct to interested dealers, at the best price possible.

The vehicle upload and listing service is free to consumers, with no subscription cost for dealers, who instead pay a transaction fee on a completed purchase, notably less than a typical auction house commission. www.wizzle.co.uk

Wriggle

Wriggle was supported by DBA and subsequently secured a SMART Grant of £156,000 from Innovate UK, the UK’s Innovation Agency. Wriggle is a technology platform which enables restaurants and cafes to turn unused last-moment capacity, such as empty tables or surplus stock, into cut-price opportunities for local customers.

Interest came from approximately 7 investors at the pitch event and they were keen to find out more.  It was decided that the Angels immediate support should come in the form of mentoring and opening further doors, opportunities and contacts to the business and providing pertinent advice and guidance. DBA wanted to help Wriggle to raise funds from organisations that they are connected to and hence the introduction was made to the Government sponsored company, Innovate.  Wriggle founder Rob Hall was closely supported throughout the funding process. www.getawriggleon.com

 The MacGuffin Project

The MacGuffin Project grabbed the interest and support of the Angels in November 2016 and has subsequently launched a UK chain of immersive play attractions whose mission is to change the way groups of people socialise. Their first venue opened in Bournemouth town centre in the summer of 2017 and there is an extensive roll-out planned over the next few years. A group of 5 Dorset Business Angels invested in The MacGuffin Project after an impressive and successful pitch by co-founder, Claire Timbrell. The Angels continue to work extremely closely with The MacGuffin Project Team with several investors on the company’s Board. www.themacguffinproject.com

DBA Chairman Don McQueen advised, “Every pitch event brings new talent and fresh ideas to the Angels.  Our reputation is expanding rapidly and pitches are now coming in from all across the UK.  Our investments to date have been extremely diverse and it will be interesting to watch how our supported businesses grow and develop in time.”

DBA Investor Conference
Don continued, “We are urging existing Angel investors, potential investors and introducers to come along to the DBA Investor Conference on Friday 27th and learn more about what we do and be inspired by the exciting investor opportunities available.”

The Conference, which was a great success two years ago, will host a programme of invited, eminent speakers who include, among others; Jenny Tooth, CEO of the UK Business Angels Association, experienced investor Justin Levine, Business Angel and DBA Chairman Don McQueen, UKBAA former Angel Investor of the Year, Peter Cowley and Member of Parliament for Bournemouth West, Conor Burns.

Anyone wishing to attend the Conference is urged to secure their tickets on Event Bright  https://dorsetbusinessangels2017conference.eventbrite.co.uk  In order to find out more about the event visit  http://dorsetbusinessangels.co.uk/About.aspx  E: contact@dorsetbusinessangels.co.uk

The DBA conference is being sponsored by Saffery Champness Chartered Accountants, Investec, Bright Blue Day and Bournemouth Borough Council.

DBA was formed in 2013 with the aim of being a catalyst in Dorset to bring together entrepreneurs and investors to help accelerate the growth of start-up businesses.  Their vision is to turn Dorset into one of the UK’s best regions for setting up high growth and start-up businesses by providing quality private equity investment opportunities to local high net worth and sophisticated investors.

« Back to My BCTC

Dorset Business Angels’ attention grabbed by innovative solutions!

Several times a year Dorset Business Angels (DBA) investors invite businesses to pitch for investment in a Dragon’s Den style scenario. At its latest event in September, at the Royal Bath Hotel, an interesting and exciting mix of entrepreneurs were vying to win the attention and investment of the successful DBA investors. Four very impressive pitches were made from a diverse mix of sectors including sports, property, travel and wellbeing.

DBA was formed in 2013 with the aim of being a catalyst in Dorset to bring together entrepreneurs and investors to help accelerate the growth of start-up businesses.  Their vision is to turn Dorset into one of the UK’s best regions for setting up high growth and start-up businesses by providing quality private equity investment opportunities to local high net worth and sophisticated investors.

Innovation supporting sports clubs…

Eager to impress the Angels was a London based company which has developed an App for sports clubs.  The founders, as sports club members themselves, identified at first hand the problems that amateur sports clubs have administering themselves and running their clubs effectively and efficiently, with many being run by teams of volunteers. They built a messaging platform to access that challenge and the software developed enables clubs to chat, organise, make payments and organise events with great ease. Benefits were recognised as member retention, time savings and increased revenue opportunities. The market opportunity was identified with the UK having 151,000 clubs with a turnover of £6bn.  Germany has 91,000 clubs and the USA has 1.5million.  The pitch grabbed the attention of investors and several of them expressed their interest in pursuing a conversation with the entrepreneurs.

Pioneering audio solution for insomnia

The captivated investor audience was then introduced to a former sleep deprived business man with experience in developing medical products.  He advised the investors that several years ago he suffered insomnia which resulted in him visiting a sleep clinic.  He discovered audio which allowed him to take his mind off whatever he was thinking about and preventing sleep. This was the catalyst for him discovering and developing a product that solves sleep issues. The canny business man advised that at some point in their lives everyone will struggle with sleep, whether it be long haul flights, a snoring partner, mild insomnia or noisy neighbours and that sleep represents a third of our lives.

The company’s answer is audio and they developed a product which is a regular blue tooth noise cancelling headphone with pioneering acoustics. The headphone is designed to be comfortable, enabling the user to wear in bed or to wear for long periods of time.  The product has EG sensors – motion sensors and environment sensors and measures brain waves, the ‘gold standard’ of measuring sleep.  If the user is really struggling with sleep it provides the consumer with clinically validated audio via an App, audio that’s proven to help people relax and switch off.  Users are protected when sleep is detected and the app introduces active white noise technology which masks out any disturbances that might compromise sleep.  The business related that the core innovation is intelligent audio which adapts as you fall asleep and adapts over time as the system understands what’s working for you.

It was reported that Initial demand for the new product has been incredibly high and although still in a period of pre- order, with shipping to start in November 2017, over 17,000 orders have been placed with a value of £3million. Particular interest has been shown from a number of athletes and high- performance sports players approaching the business wanting to secure orders.  Interest has come from, among others, the British Olympic swim team, Premiership football teams and F1 driver Lewis Hamilton. The Angel investors recognised the exciting future that lies ahead for this young company and interest was expressed by several investors.

Commercial property sector research and search platform

Next to take the floor was a business that has developed a platform for the commercial property sector with a data-driven CRM & market research platform.  The platform helps clients to make money, save time and offers a research function. Partnering with many of the leading well- known commercial property brands, including Zoopla and backed by an incredibly strong team of staff whose experience includes Rightmove, Hampton and M& C Saatchi. The system provides a rich map of data comparisons, allowing surveying companies to save time looking for data, search for sensitive data, view deals that have been done and allow them to view future fee potential relating to the deals that they’ve already done. Subscriptions to the platform are growing. The UK and global market potential was discussed and shared with the Angel investors. One investor expressed interest to meet with the founders again to learn more about the opportunity.

Show casing restaurants and bars…

The fourth presentation to investors came from a talented team of Bournemouth University graduates who have created a video content market place and App.  Recognising a gap in the market place to innovatively review restaurants and leisure hospitality venues they have developed a solution which allows venues to show-case their offering through the use of engaging video.  This also helps consumers to make a more informed decision on whether to visit a venue.

Currently capturing venues across London the team were looking for investment from the Angel investors to achieve marketing goals such as signing up 1500 businesses in the next 18 months and to be able to expand on to an android platform which would open up the business to a further 5.6 million users in London. They also plan to double the size of their core team.  Whilst incredibly impressed with the enthusiasm, dedication and vision of the team no investors came forward to express an interest in the business.

 

Future pitch events

DBA Chairman, Don McQueen enthused, “The quality of pitches this evening was fantastic, certainly very inspiring and providing some incredibly interesting investment opportunities that we will be pursing.  Everyone was really engaged and the pitches brought about lots of discussion and interest from a packed room of investors.  We are particularly keen to hear from new investors who are interested in joining our future pitch events which are gaining quite a reputation, not just in Dorset but across the UK. Please E: contact@dorsetbusinessangels.co.uk

The next DBA Investor pitch event will take place Monday 27th November at 6pm. Businesses interested in registering are advised to visit www.dorsetbusinessangels.co.uk

DBA conference

Dorset Business Angels are hosting their biennial conference on Friday 27th October in Bournemouth and will host a programme of invited, eminent speakers who include; Jenny Tooth, CEO of the UK British Angels Association, experienced investor Justin Levine, Business Angel and DBA Chairman Don McQueen, UKBAA former Angel Investor of the Year, Peter Cowley, Co-founder of Rocket Route Kurt Lyall and Member of Parliament for Bournemouth West, Conor Burns.

Anyone wishing to attend the Conference is urged to secure their tickets on Event Bright  https://dorsetbusinessangels2017conference.eventbrite.co.uk  In order to find out more about the event visit  http://dorsetbusinessangels.co.uk/About.aspx  E: contact@dorsetbusinessangels.co.uk

« Back to My BCTC

Dorset Business Angels’ attention grabbed by innovative solutions!

Several times a year Dorset Business Angels (DBA) investors invite businesses to pitch for investment in a Dragon’s Den style scenario. At its latest event in September, at the Royal Bath Hotel, an interesting and exciting mix of entrepreneurs were vying to win the attention and investment of the successful DBA investors. Four very impressive pitches were made from a diverse mix of sectors including sports, property, travel and wellbeing.

DBA was formed in 2013 with the aim of being a catalyst in Dorset to bring together entrepreneurs and investors to help accelerate the growth of start-up businesses.  Their vision is to turn Dorset into one of the UK’s best regions for setting up high growth and start-up businesses by providing quality private equity investment opportunities to local high net worth and sophisticated investors.

Innovation supporting sports clubs…

 Eager to impress the Angels was a London based company which has developed an App for sports clubs.  The founders, as sports club members themselves, identified at first hand the problems that amateur sports clubs have administering themselves and running their clubs effectively and efficiently, with many being run by teams of volunteers. They built a messaging platform to access that challenge and the software developed enables clubs to chat, organise, make payments and organise events with great ease. Benefits were recognised as member retention, time savings and increased revenue opportunities. The market opportunity was identified with the UK having 151,000 clubs with a turnover of £6bn.  Germany has 91,000 clubs and the USA has 1.5million.  The pitch grabbed the attention of investors and several of them expressed their interest in pursuing a conversation with the entrepreneurs.

Pioneering audio solution for insomnia

The captivated investor audience was then introduced to a former sleep deprived business man with experience in developing medical products.  He advised the investors that several years ago he suffered insomnia which resulted in him visiting a sleep clinic.  He discovered audio which allowed him to take his mind off whatever he was thinking about and preventing sleep. This was the catalyst for him discovering and developing a product that solves sleep issues. The canny business man advised that at some point in their lives everyone will struggle with sleep, whether it be long haul flights, a snoring partner, mild insomnia or noisy neighbours and that sleep represents a third of our lives.

The company’s answer is audio and they developed a product which is a regular blue tooth noise cancelling headphone with pioneering acoustics. The headphone is designed to be comfortable, enabling the user to wear in bed or to wear for long periods of time.  The product has EG sensors – motion sensors and environment sensors and measures brain waves, the ‘gold standard’ of measuring sleep.  If the user is really struggling with sleep it provides the consumer with clinically validated audio via an App, audio that’s proven to help people relax and switch off.  Users are protected when sleep is detected and the app introduces active white noise technology which masks out any disturbances that might compromise sleep.  The business related that the core innovation is intelligent audio which adapts as you fall asleep and adapts over time as the system understands what’s working for you.

It was reported that Initial demand for the new product has been incredibly high and although still in a period of pre- order, with shipping to start in November 2017, over 17,000 orders have been placed with a value of £3million. Particular interest has been shown from a number of athletes and high- performance sports players approaching the business wanting to secure orders.  Interest has come from, among others, the British Olympic swim team, Premiership football teams and F1 driver Lewis Hamilton. The Angel investors recognised the exciting future that lies ahead for this young company and interest was expressed by several investors.

Commercial property sector research and search platform

 Next to take the floor was a business that has developed a platform for the commercial property sector with a data-driven CRM & market research platform.  The platform helps clients to make money, save time and offers a research function. Partnering with many of the leading well- known commercial property brands, including Zoopla and backed by an incredibly strong team of staff whose experience includes Rightmove, Hampton and M& C Saatchi. The system provides a rich map of data comparisons, allowing surveying companies to save time looking for data, search for sensitive data, view deals that have been done and allow them to view future fee potential relating to the deals that they’ve already done. Subscriptions to the platform are growing. The UK and global market potential was discussed and shared with the Angel investors. One investor expressed interest to meet with the founders again to learn more about the opportunity.

 

Show casing restaurants and bars…

The fourth presentation to investors came from a talented team of Bournemouth University graduates who have created a video content market place and App.  Recognising a gap in the market place to innovatively review restaurants and leisure hospitality venues they have developed a solution which allows venues to show-case their offering through the use of engaging video.  This also helps consumers to make a more informed decision on whether to visit a venue.

Currently capturing venues across London the team were looking for investment from the Angel investors to achieve marketing goals such as signing up 1500 businesses in the next 18 months and to be able to expand on to an android platform which would open up the business to a further 5.6 million users in London. They also plan to double the size of their core team.  Whilst incredibly impressed with the enthusiasm, dedication and vision of the team no investors came forward to express an interest in the business.

Future pitch events

DBA Chairman, Don McQueen enthused, “The quality of pitches this evening was fantastic, certainly very inspiring and providing some incredibly interesting investment opportunities that we will be pursing.  Everyone was really engaged and the pitches brought about lots of discussion and interest from a packed room of investors.  We are particularly keen to hear from new investors who are interested in joining our future pitch events which are gaining quite a reputation, not just in Dorset but across the UK. Please E: contact@dorsetbusinessangels.co.uk

The next DBA Investor pitch event will take place Monday 27th November at 6pm. Businesses interested in registering are advised to visit www.dorsetbusinessangels.co.uk

DBA conference

Dorset Business Angels are hosting their biennial conference on Friday 27th October in Bournemouth and will host a programme of invited, eminent speakers who include; Jenny Tooth, CEO of the UK British Angels Association, experienced investor Justin Levine, Business Angel and DBA Chairman Don McQueen, UKBAA former Angel Investor of the Year, Peter Cowley, Co-founder of Rocket Route Kurt Lyall and Member of Parliament for Bournemouth West, Conor Burns.

Anyone wishing to attend the Conference is urged to secure their tickets on Event Bright  https://dorsetbusinessangels2017conference.eventbrite.co.uk  In order to find out more about the event visit  http://dorsetbusinessangels.co.uk/About.aspx  E: contact@dorsetbusinessangels.co.uk

« Back to My BCTC

Dorset Business Angels to host conference in Bournemouth – tickets available to book

Dorset Business Angels (DBA) is hosting an Angel Investor conference on Friday 27th October and is urging existing Angel investors, potential investors and introducers to come along and learn more about what they do and be inspired by the exciting investor opportunities available.

The Conference, which is in its 3rd year, will host a programme of invited, eminent speakers who include, among others; Jenny Tooth, CEO of the UK British Angels Association, experienced investor Justin Levine, Business Angel and DBA Chairman Don McQueen, UKBAA former Angel Investor of the Year, Peter Cowley and Member of Parliament for Bournemouth West, Conor Burns.

Anyone wishing to attend the Conference is urged to secure their tickets on Event Bright  https://dorsetbusinessangels2017conference.eventbrite.co.uk  In order to find out more about the event visit http://dorsetbusinessangels.co.uk/About.aspx  E: contact@dorsetbusinessangels.co.uk

The DBA conference is being sponsored by Saffery Champness Chartered Accountants, Investec, Bright Blue Day and Bournemouth Borough Council.

DBA was formed in 2013 with the aim of being a catalyst in Dorset to bring together entrepreneurs and investors to help accelerate the growth of start-up businesses. Their vision is to turn Dorset into one of the UK’s best regions for setting up high growth and start-up businesses by providing quality private equity investment opportunities to local high net worth and sophisticated investors.

Four times a year companies are invited to attend an event at which they pitch their business to the savvy Angels in a Dragon’s Den type scenario. Angel investment might come from a single investor or it could be 2 or 3 Angels pooling funds together to support a company. Any investments are in the form of an equity investment and not a debtor’s loan. Investments are made across all sectors.

http://www.dorsetbusinessangels.co.uk

 

« Back to My BCTC

Entrepreneurs in pitch to win attention and investment of Dorset Business Angels

peter-eales-jeremy-mills-frank-guinn-michael-melim-james-paget-don-mcqueen-dorset-business-angels

Several times a year Dorset Business Angels (DBA) investors invite businesses to pitch for investment in a Dragon’s Den style scenario which takes place at venues across Bournemouth. At its latest event in September, at the Royal Bath Hotel, entrepreneurs were vying to win the attention and investment of the successful DBA investors and 4 impressive pitches were made.

DBA was formed in 2013 with the aim of being a catalyst in Dorset to bring together entrepreneurs and investors to help accelerate the growth of start-up businesses.  Their vision is to turn Dorset into one of the UK’s best regions for setting up high growth and start-up businesses by providing quality private equity investment opportunities to local high net worth and sophisticated investors.

DBA Chairman Don McQueen opened the event and welcomed the diverse mix of entrepreneurial talent. Eager to impress the Angels was a Bournemouth-based start-up company which is aiming to change the way groups of people socialise.  Their project is a chain of attractions based upon the ‘Escape-Room’ concept, but with a Crystal Maze twist. The concept has been hugely popular in the US and Europe and the company believes that the UK market will now deliver similar rapid growth. Several DBA Angels expressed interest in pursuing a conversation with the young entrepreneurs.

A music score streaming company offered the DBA angels the opportunity to invest in the first music-streaming service for scores, parts and educational material. They are developing a digital application for a broad range of users and genres to fill a need in the market and is currently signing up the industry’s major publishers. Negotiations are at an advanced stage with 4 major music publishers, as well as a broad spectrum of smaller and more boutique content providers. Again, various DBA Angels are going to take the conversation forward with the company.

A team offering care services hi lighted how it is becoming increasingly difficult for people to find trusted professionals for housekeeping, childcare and elderly care service.  The company showed how it allows its customers to choose their preferred professional from a list of locally available, pre-vetted professionals that meet the client’s criteria. It is an online marketplace with search, matching, scheduling, feedback and booking functionality. A search algorithm uses customer postcode, selected services and preferred date to match with locally available registered professionals.  Concerns were expressed by several DBA investors on overcrowding in this particular market place.

Finally, a business that has the global baby monitor market in its sights informed the DBA about their patent-filed innovative solution.  It includes connected wearable monitors, supported by wrap-around services to promote both mother and baby wellbeing with tailored data-based advice and practical support for confident parenting.  Lots of good questions were asked by the Angels and it became clear that this company will be watched with interest by investors.

DBA Don McQueen enthused, “The quality of all of the pitches was fantastic and the questioning from a vibrant and dynamic group of Angels was very satisfying to see.”

The next DBA Investor pitch event will take place on Monday 28th November at 6pm.  Businesses interested in registering are advised to visit www.dorsetbusinessangels.co.uk   Dorset Business Angels will be hosting a conference in October 2017.

« Back to My BCTC
BECOME A MEMBER